[ad_1]
Japanese Prime Minister Fumio Kishida on Tuesday asked companies to aim for pay hikes that keep pace with accelerating inflation in wage negotiations next spring, as he seeks to achieve both economic growth and redistribution amid the rising cost of living.
Smoothing the way for wage growth, the government will expand subsidies for small and midsize firms on condition that they raise pay, according to a government plan.
In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.
SUBSCRIBE NOW
[ad_2]
Source link